What Is SoFi Mortgage? SoFi is a San Francisco-based online lender formed in 2011 that offers fixed-rate mortgages. There are also refinance, jumbo, and home equity loans available. It was first a company founded to assist borrowers in managing their student loan debt and then began selling mortgages in 2014. SoFi is an online bank,…
What Is Rocket Mortgage? Rocket Mortgage is the largest mortgage provider in the United States, assisting millions of people in realizing their dream of owning a home. Rocket Mortgage was the first company to offer a fully online mortgage application, which sparked a revolution in the industry. Along the way, Rocket evolved into a term…
Thinking about getting a reverse mortgage? In many ways, this type of loan is quite different from other types of loans you’re probably familiar with. To get the details of how it works, check out our article, “How does a reverse mortgage work?” The short version is a reverse mortgage is a form of loan…
As you get older, it can be difficult to maintain the same standard of living you had in your younger years. A big reason for this is that, for many seniors, their monthly income is much lower than it was when you were working full-time. Reverse mortgages are one option that many people of retirement…
Many of us dream of one day owning our own home. For some, even better than owning one home would be to own a second home – perhaps for a vacation house or simply to own extra property to rent out. However, financing one house is not easy, let alone two of them. To qualify…